Republicans Ask Dems to Compromise

Republicans Ask Dems to Compromise
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With President Obama out of the country, congressional members of the Select Committee on Deficit Reduction, or “super committee”, are scrambling to reach an agreement to cut $1.2 trillion over ten years from the federal budget.  U.S. Senator John Thune (R-SD) said, “[The committee is] hopefully winding up their work, and with very little input from the White House on this. It would appear at least that the president is not particularly interested in seeing a result. We certainly are. We think it’s the right thing for the American people.”

In a Real Clear Politics article, a Republican aide was quoted saying, “If the president, who is now at 43 percent in the polls, thinks he can win next year by running against Congress while making the economy worse, someone is smoking crack.”  Negotiations were not helped earlier when details of a Republican planned were leaked to the press by Democrats who characterized it as “evidence of weakening inside the GOP ranks.”  

U.S. Senator Pay Toomey (R-PA) offered a proposal which would include $700 billion in spending cuts and $500 billion in new revenues.  Democrats have always insisted on new revenues in any deal.  “Republicans have put revenues on the table,” commented Senator Lamar Alexander (R-TN). “Anyone who knows and understands the Republican Party knows that the proposal that was made last week by the Republican members of the super committee represents a substantial departure from what we’d normally be comfortable voting for. And the only reason we’re doing that,” he added, “is because the government is borrowing 40 cents out of every dollar it spends, and that’s got to stop. And in exchange for real entitlement reform, we’re ready to do some things we normally would not do.”

Republicans on the committee said they would like to see a counter plan from Democrats which would make cuts to entitlement programs.

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